Housing buyers have paid £ 5.5 billion in the Timbre Tax in 2025 so far, 25% more £ 4.4 billion compared to the corresponding period last year, the new analysis or HMRC statistics are shown.
In May, the buyer paid £ 918 million, below £ 1.3 billion in April.
The fall followed the null rate threshold that was reduced from £ 250,000 to £ 125,000 on April 1.
The Anverage housing tax reached £ 3,274, compared to £ 774 before half of the threshold was reduced.
Jonathan Stinton, head of intermediate relations at Coventry Building Society, who carried out the study, said: “Household buyers are delivering water sums in the bell tax.
“The invoice of a house at average price has more than quadruplicate, and that is also everything else that buyers try to cover.
“When Mude comes with thousands of taxes, you can leave people to make the next step, be it relief, personnel reduction or simply find a home that best suits their lives.”
Stinton added: “That tension child not only affects individual buyers, but can stop the market for all.
“When the bell tax was first introduced, in 1694, it was only bad to last four years.
“More than 300 years later we are still paying it in one way or another, despite the fact that the real estate market has changed.
“It’s hard to see how a tax designed for a different era remains the best option for today’s buyers.”
